Ministry of Finance press release · 27 March 2026 · pibtracker filter

Japan commits Official Development Assistance (ODA) to India for four projects in sectors of Urban Transport, Health and Agriculture

PRID2245940 MinistryMinistry of Finance Released27 March 2026 Reading10 min

Projects in states of Maharashtra, Karnataka and Punjab to benefit from the assistance amount of JPY 275.858 billion (approx. Rs. 16,420 Crores) Loan agreements signed between the Government of India and the Japan International Cooperation Agency (JICA) Strategic and Global Partnership between India and Japan to be further strengthened with the Economic Cooperation Posted On: 27 MAR 2026 1:34PM by PIB Delhi The Government of Japan has committed Official Development Assistance (ODA) loan of JPY 275.858 billion (approx. Rs. 16,420 Crores) to India for four projects in the sectors of Urban Transport, Health and Agriculture which is to be implemented in the states of Punjab, Karnataka and Maharashtra. The Notes were exchanged on 24.03.2026 between the Joint Secretary, Department of Economic Affairs, Ministry of Finance, Government of India, Mr. Alok Tiwari, and the ambassador of Japan to India, Mr. Keiichi Ono. The projects include, “Bengaluru Metro Rail Project (Phase 3) (I)” (JPY 102.480 billion), “Mumbai Metro Line 11 Project (I)” (JPY 92.400 billion), “Project for Strengthening Tertiary Healthcare Delivery, Medical Education System & Nursing Education System in Maharashtra (I)” (JPY 62.294 billion) and “Project for Promoting Sustainable Horticulture in Punjab” (JPY 18.684 billion). Loan agreements have also been signed between the Government of India and the Japan International Cooperation Agency (JICA). The Bengaluru Metro Rail Project (Phase 3) (I) aims to cope with the increase of traffic demand in Bengaluru Metropolitan Region, by expanding the mass rapid transportation system. This shall promote regional economic development, improve urban environment and eventually will mitigate climate change, through relief of traffic congestion and decrease of pollution caused by increasing motor vehicles. Mumbai Metro Line 11 Project (I) aims to cope with the increase of traffic demand in Mumbai by expanding the mass rapid transportation system, thereby promoting regional economic development, improving urban environment and eventually mitigating climate change, through relief of traffic congestion and decrease of pollution caused by increasing motor vehicles. Project for Strengthening Tertiary Healthcare Delivery, Medical Education System & Nursing Education System in Maharashtra (I) will aim to improve access and quality of medical care in the state of Maharashtra by strengthening the healthcare system through the construction of tertiary care facilities, college, hospitals, medical colleges, and nursing schools. This shall further contribute towards the promotion of Universal Health Coverage (UHC) in India. Project for Promoting Sustainable Horticulture in Punjab aims to promote sustainable horticulture and improve farmer’s income by diversifying into high-value horticulture crops, and infrastructure development for stronger value chain and capacity development. This shall leverage environmental conservation and sustainable socio-economic development in Punjab. India and Japan have had a long and fruitful history of bilateral development cooperation since 1958. Economic Cooperation, a key pillar of India-Japan relations has steadily progressed in the last few years. This further consolidates and strengthens the Strategic and Global Partnership between India and Japan. *** NB/PK (Release ID: 2245940) Visitor Counter : 1712 Read this release in: Urdu , हिन्दी , Marathi , Bengali , Bengali-TR Ministry of Finance Japan commits Official Development Assistance (ODA) to India for four projects in sectors of Urban Transport, Health and Agriculture Projects in states of Maharashtra, Karnataka and Punjab to benefit from the assistance amount of JPY 275.858 billion (approx. Rs. 16,420 Crores) Loan agreements signed between the Government of India and the Japan International Cooperation Agency (JICA) Strategic and Global Partnership between India and Japan to be further strengthened with the Economic Cooperation Posted On: 27 MAR 2026 1:34PM by PIB Delhi The Government of Japan has committed Official Development Assistance (ODA) loan of JPY 275.858 billion (approx. Rs. 16,420 Crores) to India for four projects in the sectors of Urban Transport, Health and Agriculture which is to be implemented in the states of Punjab, Karnataka and Maharashtra. The Notes were exchanged on 24.03.2026 between the Joint Secretary, Department of Economic Affairs, Ministry of Finance, Government of India, Mr. Alok Tiwari, and the ambassador of Japan to India, Mr. Keiichi Ono. The projects include, “Bengaluru Metro Rail Project (Phase 3) (I)” (JPY 102.480 billion), “Mumbai Metro Line 11 Project (I)” (JPY 92.400 billion), “Project for Strengthening Tertiary Healthcare Delivery, Medical Education System & Nursing Education System in Maharashtra (I)” (JPY 62.294 billion) and “Project for Promoting Sustainable Horticulture in Punjab” (JPY 18.684 billion). Loan agreements have also been signed between the Government of India and the Japan International Cooperation Agency (JICA). The Bengaluru Metro Rail Project (Phase 3) (I) aims to cope with the increase of traffic demand in Bengaluru Metropolitan Region, by expanding the mass rapid transportation system. This shall promote regional economic development, improve urban environment and eventually will mitigate climate change, through relief of traffic congestion and decrease of pollution caused by increasing motor vehicles. Mumbai Metro Line 11 Project (I) aims to cope with the increase of traffic demand in Mumbai by expanding the mass rapid transportation system, thereby promoting regional economic development, improving urban environment and eventually mitigating climate change, through relief of traffic congestion and decrease of pollution caused by increasing motor vehicles. Project for Strengthening Tertiary Healthcare Delivery, Medical Education System & Nursing Education System in Maharashtra (I) will aim to improve access and quality of medical care in the state of Maharashtra by strengthening the healthcare system through the construction of tertiary care facilities, college, hospitals, medical colleges, and nursing schools. This shall further contribute towards the promotion of Universal Health Coverage (UHC) in India. Project for Promoting Sustainable Horticulture in Punjab aims to promote sustainable horticulture and improve farmer’s income by diversifying into high-value horticulture crops, and infrastructure development for stronger value chain and capacity development. This shall leverage environmental conservation and sustainable socio-economic development in Punjab. India and Japan have had a long and fruitful history of bilateral development cooperation since 1958. Economic Cooperation, a key pillar of India-Japan relations has steadily progressed in the last few years. This further consolidates and strengthens the Strategic and Global Partnership between India and Japan. *** NB/PK (Release ID: 2245940) Projects in states of Maharashtra, Karnataka and Punjab to benefit from the assistance amount of JPY 275.858 billion (approx. Rs. 16,420 Crores) Loan agreements signed between the Government of India and the Japan International Cooperation Agency (JICA) Strategic and Global Partnership between India and Japan to be further strengthened with the Economic Cooperation" /> The Government of Japan has committed Official Development Assistance (ODA) loan of JPY 275.858 billion (approx. Rs. 16,420 Crores) to India for four projects in the sectors of Urban Transport, Health and Agriculture which is to be implemented in the states of Punjab, Karnataka and Maharashtra. <img src="https://static.pib.gov.in/WriteReadData/userfiles/image/image001TOPM.jpg" style="height:554px; width:365px" />   The Notes were exchanged on 24.03.2026 between the Joint Secretary, Department of Economic Affairs, Ministry of Finance, Government of India, Mr. Alok Tiwari, and the ambassador of Japan to India, Mr. Keiichi Ono. The projects include, “Bengaluru Metro Rail Project (Phase 3) (I)” (JPY 102.480 billion), “Mumbai Metro Line 11 Project (I)” (JPY 92.400 billion), “Project for Strengthening Tertiary Healthcare Delivery, Medical Education System & Nursing Education System in Maharashtra (I)” (JPY 62.294 billion) and “Project for Promoting Sustainable Horticulture in Punjab” (JPY 18.684 billion). Loan agreements have also been signed between the Government of India and the Japan International Cooperation Agency (JICA). The Bengaluru Metro Rail Project (Phase 3) (I) aims to cope with the increase of traffic demand in Bengaluru Metropolitan Region, by expanding the mass rapid transportation system. This shall promote regional economic development, improve urban environment and eventually will mitigate climate change, through relief of traffic congestion and decrease of pollution caused by increasing motor vehicles. Mumbai Metro Line 11 Project (I) aims to cope with the increase of traffic demand in Mumbai by expanding the mass rapid transportation system, thereby promoting regional economic development, improving urban environment and eventually mitigating climate change, through relief of traffic congestion and decrease of pollution caused by increasing motor vehicles. Project for Strengthening Tertiary Healthcare Delivery, Medical Education System & Nursing Education System in Maharashtra (I) will aim to improve access and quality of medical care in the state of Maharashtra by strengthening the healthcare system through the construction of tertiary care facilities, college, hospitals, medical colleges, and nursing schools. This shall further contribute towards the promotion of Universal Health Coverage (UHC) in India. Project for Promoting Sustainable Horticulture in Punjab aims to promote sustainable horticulture and improve farmer’s income by diversifying into high-value horticulture crops, and infrastructure development for stronger value chain and capacity development.  This shall leverage environmental conservation and sustainable socio-economic development in Punjab. India and Japan have had a long and fruitful history of bilateral development cooperation since 1958. Economic Cooperation, a key pillar of India-Japan relations has steadily progressed in the last few years. This further consolidates and strengthens the Strategic and Global Partnership between India and Japan. *** NB/PK " /> var mPlayer = document.getElementById("background_music"); var mPlayAction = document.getElementById("playbutton"); var isPlaying = false; function playAudio() { mPlayer.play(); isPlaying = true; document.getElementById('stopA').style.display = "block"; document.getElementById('playA').style.display = "none"; } function pauseAudio() { mPlayer.pause(); isPlaying = false; document.getElementById('playA').style.display = "block"; document.getElementById('stopA').style.display = "none"; } //function HandleAudio() { // if (isPlaying == true) { // //Playing already Pause it // pauseAudio(); // } else { // //Play the music // playAudio(); // } //} var synth = window.speechSynthesis; function CleanHtml(html) { html = html.replace(/ /gi, ''); return html; } function stripHtml(html) { let tmp = document.createElement("DIV"); tmp.innerHTML = CleanHtml(html); return tmp.textContent || tmp.innerText || ""; 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top:82%; right: 20px; width: 230px; height: 70px; background: repeating-linear-gradient( to right, #9a2375 0px, #9a2375 18px, #6e2b8b 18px, #6e2b8b 36px ); border-top: 8px solid #9a2375; border-bottom: 8px solid #9a2375; border-radius: 8px; overflow: hidden; box-shadow: 0 4px 12px rgba(0, 0, 0, 0.4); animation: moveFilm 8s linear infinite; z-index: 10; } /* film sprocket holes */ .film-roll-badge::before, .film-roll-badge::after { content: ""; position: absolute; width: 100%; height: 10px; background: repeating-linear-gradient( to right, #9a2375 0px, #9a2375 10px, #fff 10px, #fff 20px ); left: 0; z-index: 2; } .film-roll-badge::before { top: -4px; } .film-roll-badge::after { bottom: -4px; } .film-roll-inner { position: relative; height: 100%; display: flex; align-items: center; justify-content: center; animation: flicker 2s infinite ease-in-out; } .countdown-text { font-size: 1.3rem; font-weight: 700; color: #fff; text-shadow: 0 0 6px rgba(255, 255, 255, 0.4), 0 0 10px #000; white-space: nowrap; } /* === Animations === */ @keyframes moveFilm { 0% { background-position: 0 0; } 100% { background-position: 120px 0; } } @keyframes flicker { 0%, 100% { opacity: 1; } 50% { opacity: 0.9; } 25% { opacity: 0.95; } 75% { opacity: 0.85; } } /* === Responsive Adjustments === */ @media (max-width: 1500px) { .film-roll-badge { top: 68%; right: 18px; /* width: 220px; */ height: 65px; font-size: 0.85rem; } .press-section { margin-top: 35px; } } @media (max-width: 992px) { .film-roll-badge { top: 52%; right: 10px; width: 200px; height: 60px; } } @media (max-width: 768px) { .film-roll-badge { top: 56%; right: 10px; width: 124px; height: 55px; } .countdown-text { font-size: 0.9rem; } } @media (max-width: 576px) { .film-roll-badge { top: 59%; right: 5px; /* width: 160px; */ height: 50px; } .countdown-text { font-size: 0.85rem; } } const festivalStart = new Date("2025-11-20T00:00:00").getTime(); const festivalEnd = new Date("2025-11-28T23:59:59").getTime(); const countdownElement = document.getElementById("countdown"); 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Japan commits Official Development Assistance (ODA) to India for four projects in sectors of Urban Transport, Health and Agriculture

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